Gold up $90 (8.46%), Silver up $2.15 (15.67%) for 2016<br />Mint State Gold - Weekly Market Report 1/3/17

Links to recent informative articles on precious metals and rare coins:

Gold Technically Oversold, Ready for a Price Reversal

Gold prices likely to average $1,350 an ounce in 2017

Strongest Gold &quotBuy&quot Signal In 16 Years

This Week’s Headlines:

Gold
Silver
Rare Coin report
Recommended investment commitment and diversification

GOLD

Last Friday, Gold closed at $1,150 per ounce. 2016 was an up year for Gold, increasing $90 (8.36%). However, most of my clients who invest in Gold don’t look at Gold as a one year investment. For thousands of years, Gold has represented wealth and the best store of value on this planet. Now, when I talk to a new Gold investor, I emphasize the fact that Gold should be considered as a long-term hedge and diversification of their current assets. Many financial analysts and advisors recommend that precious metals should represent 15% to 20% of investment assets.

So, let’s look at the Gold price over the past fifteen years, since the year 2000. At the start of 2001, Gold was trading at $274.45 per ounce, and at the end of 2016, Gold closed at $1,150. That’s an increase of $875.50 (319%) or an average return of 21.26% a year for 15 years (see the Gold Price chart below).

As you can see in the above chart, the Gold price increased for 11 years in a row, then had a three-year retracement, and now we are back on a bullish trend.

I believe the current Gold price offers an extraordinary opportunity for long term Gold investors to purchase Gold at a bargain price. Based on Gold’s 15 bullish fundamentals (refer to the November 28, 2016 Weekly Market Report), 2017 should be a very good year for precious metal investors. Although many of our Gold and Silver bullion clients have voiced disappointment with the recent selloff in precious metals, Gold is still up 8.46% for the year (better than most traditional investments). Remember, in the first 60 days of 2016 we saw almost a $200 increase in the Gold price. Traditionally, Gold has shown good price increases in the early months of the year.

TODAY: Gold started the year with fresh buying from bargain hunters. In Asian, Middle-Eastern, and European markets the Gold price opened up $9 per ounce on excellent volume.

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SILVER

Silver closed the year 2016 at $15.94 per ounce, up $2.16 (15.67%). In 2016, the Silver price percentage of increase almost doubled that of Gold. During 11 of the past 15 years, Silver increased more than Gold on the up years, and decreased more than Gold on the down years. To say Silver is more volatile than Gold is an understatement. Let’s look at the Silver price breakdown during the past 15 years.

The Gold/Silver ratio started the year at 78.88-to-1 and ended the year at 72.03-to-1.

Today: Demand from Asian and Middle-Eastern buyers pushed Silver back above the key $16 per ounce resistance/support level this morning.

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Rare Coin report

This week, I will be attending the January 2017 FUN Convention in Fort Lauderdale, Florida. This is the first major rare coin convention of 2017 and I expect to see a very active trading bourse floor. With hundreds of the major rare coin dealers and thousands of collectors and investors in attendance, I’m hoping to pick up many of the undervalued $20 Gold Saints, and Morgan Dollars, to build up our inventory and fill clients’ want lists. Please, update your want list if you haven’t done so recently.

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Recommended Investment Commitment and Diversification:

Precious Metal commitment: Minimum of 30% of investment capital

Diversification:  Gold 50%, Silver 40%, Platinum & Palladium 10%

Diversification includes 50% in long term investment quality rare coins and 50% short term bullion products.

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If you want to be updated on what is happening in the Gold, Silver, and Rare Coin markets any weekday, our company offers a daily blog Monday through Friday at www.stupplerblog.com

All statements, opinions, pricing, and ideas herein are believed to be reliable, truthful and accurate to the best of the Stuppler & Company’s knowledge at this time.  Stuppler & Company disclaims and is not liable for any claims or losses which may be incurred by third parties while relying on information published herein.  Individuals should not look at this publication as giving finance or investment advice or information for their individual suitability.  All readers are advised to independently verify all representations made herein or by its representatives for your individual suitability before making your investment or collecting decisions.

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